◀ The Principal Blog

Posts tagged ‘GDP’

Swiss Currency Move Shocks Global Markets



On 15 January, the Switzerland’s central bank, the Swiss National Bank (SNB), surprised – no, shocked – economists and markets alike when it announced that it had abandoned the floor for their currency, the Swiss franc (CHF). Introduced in 2011, a minimum exchange rate target has been…

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December Jobs Report – Strong Job Growth, Weak Wage Growth (Video)



The December jobs report came out on Friday, January 9, 2015. The report showed that job growth in the United States remains solid, but that wage growth is still lacking. The latest report from the Bureau of Labor Statistics indicated that 252,000 jobs were added in December, but that average…

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